Free Republic

READ MORE: The insurance on my 2012 Mazda went up 72% to $233 a month!' A prominent insurance provider has aired an ultimatum to the entire state of California. The firm, State Farm General, asked the state’s Department of Insurance Thursday to let them raise residential insurance rates for millions of citizens, or see them move out. The move indicates financial trouble for the insurance giant, which currently covers homes razed by wildfires. State Farm disclosed it is seeking a 30 percent rate hike for homeowners, a 36 percent increase for condo owners, and a 52 percent increase for renters...

State Farm recently requested its largest home insurance rate increase to date, a move that would worsen the insurance crisis in California but also signaled that the company may be in financial trouble. State Farm General, the company’s California subsidiary, recently submitted a request to the California Department of Insurance to raise insurance rates for homeowners, condo owners and renters in the Golden State.

California's insurance commissioner Ricardo Lara spoke out after the state's largest home insurance provider announced that it would discontinue coverage for tens of thousands of policies this summer."This is a real crisis," Commissioner Lara told KABC in an interview Friday.The commissioner said he wants to investigate State Farm's finances, but warned that regulators can't go too far, or else they would risk pushing companies out of California entirely. "Insurance companies are not like utility companies," he told KABC. "By law, they don't have to be here, and when we try to overregulate, we'll see what happened after the Northridge earthquake,...

California's largest insurance company will stop offering insurance to 72,000 homes across the state due to the increased risk of natural disasters and the effects of inflation. Coverage for the 30,000 houses and 42,000 apartments impacted will cease this summer, the Bay Area News Group reported. State Farm General cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won´t renew the policies. It comes just months after the insurance giant said it would also stop taking new applications for coverage from homeowners in the state. 'This decision was not made lightly and only...

State Farm plans to not renew roughly 72,000 property and commercial apartment policies in California starting this summer, the company announced Wednesday. About 30,000 of the affected policies will be for homeowner, rental, residential community association and business owner insurance. The other approximately 42,000 will be for commercial apartment policies. ... It was California’s largest property insurer in 2022 ... The decision follows the company’s announcement in May that it would stop accepting new applications for property and business policies. At the time, State Farm cited higher construction costs, a growing risk from catastrophic events, such as wildfires, and challenges...

State Farm and Allstate are no longer accepting applications for new home insurance in California. Existing State Farm and Allstate homeowners insurance customers in the state will retain their coverage. If you need home insurance in California, compare quotes and ensure you have enough disaster coverage.

State Farm said Friday, May 26, that it will stop accepting new applications for property and casualty insurance in California, citing rising construction costs and its “rapidly growing catastrophe exposure.”The policy change for personal and business lines is effective Saturday, May 27, State Farm said. The change does not apply to personal auto insurance or existing home insurance policies in the state.In a statement, the company said it would work with the California Department of Insurance to restore its market capacity in the state.“We take seriously our responsibility to manage risk,” the company wrote. “However, it’s necessary to take these...

The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing “historic” increases in construction costs and inflation,” the company said Friday. Beginning Saturday, the Illinois-based insurance group will cease to accept applications for business and personal lines property and casualty insurance. The move doesn’t impact personal vehicle insurance. “State Farm General Insurance Company made this decision due to historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market,” the company said in a release. “The Department of Insurance is focused on the safety...

Late last year we pointed out the fact that auto insurance companies charge parents a higher premium for drivers under 25 yrs old because (accurately) they are not mature & cause the majority of fatal accidents. Yet, a company like StateFarm partners with the very organizations that believe 10 yr olds are mature enough to make a decision to take body-destroying puberty blockers & 15 yr olds can consent to removing healthy body parts & become mutilated, lifelong medical patients. In other words, they charge you more money because your 20 yr old is deemed too immature to be a...

If your Hyundai or Kia uses a physical ignition key, it can be stolen with relative ease. As we've reported, a USB cable is all that's necessary to get away with a new car. It's a costly problem for police in cities such as Columbus, Ohio, and Denver. Insurers in these regions and others have now had enough. Insurance giants State Farm and Progressive are now refusing to insure many vehicles sold by the two Korean auto brands in those cities and others now. In a statement to The Drive, Progressive confirmed that it was no longer issuing new insurance...

I'm leaving State Farm for obvious reasons. I would appreciate non-woke recommendations for the big three: life, home, and auto insurance. Thanks in advance.

Have you ever met a transgender kid? That’s the question The GenderCool Project asks in a national campaign by Swissa Creative. The high-energy 30 second spot features 11 transgender and non-binary kids ages 13 through 17 playing the team sports they love while talking about how participating in sports makes them feel. Known as the GenderCool “Champions”, these young people are at the core of GenderCool, a youth-led, youth-inspired organization with a simple mission: help replace misinformed opinions with positive, powerful experiences meeting transgender and non-binary youth who are thriving

State Farm quickly distanced itself from a program that pushed books about gender fluidity on young children Monday after a new ad campaign slammed the insurance giant as "a creepy neighbor," but Consumers' Research thinks the insurance giant still has to "undo the damage" it caused. "Yesterday we launched our ad campaign calling out State Farm for donating books aimed at kindergartners on the topics of transgenderism and being non-binary… now they claim that they have ended their partnership with the GenderCool Project," Consumers' Research executive director Will Hild told Fox News Digital, calling the turn of events "an indication...

State Farm, the household name insurance company, has launched a program that would enlist hundreds of staff volunteers across the country to distribute LGBTQ-themed books to teachers, community centers, and libraries, explicitly targeting children as young as kindergartners. ... “The project’s goal is to increase representation of LGBTQ+ books and support out communities in having challenging, important and empowering conversations with children Age 5+,” the email from Jose Soto, State Farm’s Corporate Responsibility Analyst, to all Florida agents reads.

It won’t take long for the Aaron Rodgers controversy to be forgotten. The future Hall of Famer committed the “sins” of not publicly disclosing his unvaxxed status before testing positive with Covid-19, then going after the “woke mob” that has targeted him ever since. Compared to the plethora of violent criminals who seem to invariably get a pass because they can catch the football or make a tackle, the Rodgers scandal is mild. One of his long-time sponsors, State Farm, issued a statement of acknowledgement. They offered lukewarm support for his right to choose but otherwise embraced the universal vaccination...

State Farm Mutual Automobile Insurance Co. plans to permanently close its Tampa operations center, cutting 59 jobs in the process. The insurer notified the state Department of Economic Opportunity on Sept. 27 of its plans. It will close the Tampa center and a portion of its Jacksonville operations center, according to the letter to the DEO. The Jacksonville closure will affect 100 jobs. The Tampa jobs affected include auto claims representatives, claim processors, claim service assistants and more.

State farm has dusted them off and they are looking as cone-y as ever.

The $1.5 billion CityLine development, which will begin opening this year, will bring more dining, shopping and entertainment options to Richardson, but officials say it’s also the kind of project that will bring long-term economic benefits to the city. By September, the mixed-use project, which will be anchored by State Farm Insurance and Raytheon Co., will have a daytime population of 10,000 people, according to KDC, developer of the project on the southeast corner of Central Expressway and the Bush Turnpike. This month, workers will start moving into the first of State Farm’s four office towers. Several restaurants, including Coal...

The NBA will announce the results of its investigation into racially insensitive comments allegedly made by Los Angeles Clippers owner Donald Sterling on Tuesday, but already his franchise is paying a price.

Insurance chain State Farm is reportedly buying up substantial workspace in Texas, which may signal a coming exodus from the company's home state of Illinois. State Farm is keeping the move quiet so as not to alarm employees. But the Dallas Morning News reports that it is a “major business relocation” already underway and that this is “one of the biggest stories in the Dallas-area real estate market and will ultimately involve thousands of workers.” Texas-based real estate expert Bob Gibbons notes in a blog post that State Farm’s Dallas office space lease--about 2.5 million square feet of workspace in...